Flushing Financial (FFIC) SEVP reports RSU grant, PRSU forfeiture and 401(k) holdings
Rhea-AI Filing Summary
Flushing Financial Corp executive Francis W. Korzekwinski, SEVP, reported several equity-related transactions in company common stock. On January 26, 2026, 480 shares were withheld at $16.10 per share to cover taxes upon vesting, leaving 74,913 directly held shares.
On January 27, 2026, he received a grant of 7,040 restricted stock units (RSUs) that cliff vest after three years, increasing his directly held common shares to 81,953. Separately, 8,300 performance RSUs (PRSUs) from a January 26, 2023 grant were forfeited because performance criteria were not met, and a new grant of 7,040 PRSUs at target level was issued, which cliff vests after a three-year performance period if certain metrics are achieved. He also had 108,278 shares held indirectly in the Flushing Bank 401(k) Savings Plan as of January 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,300 | $0.00 | -- |
| Exercise | Common Stock | 7,040 | $0.00 | -- |
| Grant/Award | Common Stock | 7,040 | $0.00 | -- |
| Tax Withholding | Common Stock | 480 | $16.10 | $8K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares withheld to satisfy taxes upon vesting. Grant of RSUs which cliff vest at end of three year period. Shares held in Flushing Bank 401(k) Savings Plan a/o 1/27/26. Disposition resulted from non-vesting of an equal number of PRSUs, due to performance criteria not being met, from the January 26, 2023 grant. Grant of PRSUs, at target level, which cliff vest at the end of the three year performance period if certain performance metrics are achieved.
